Global Utilities Strong Balance Sheet Stocks

Meridian Energy

Market Cap: NZ$14.9b

Engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom.

Jilin Province Chuncheng Heating

Market Cap: HK$658.0m

Provides heat supply services in the People's Republic of China.

WindForce

Market Cap: LK₨34.6b

Operates as an independent power producer in the renewable energy generation sector in Sri Lanka, Pakistan, Uganda, and Ukraine.

Earth Tech Environment

Market Cap: ฿1.9b

Engages in the generation and distribution of electricity from industrial waste in Thailand.

Reliance Infrastructure

Market Cap: ₹159.5b

An infrastructure company, generates, transmits, and distributes electrical power to residential, industrial, commercial, and other consumers in India.

Indochine Import Export Investment Industrial

Market Cap: ₫231.5b

Engages in the research, manufacture, and construction of steam boilers for supplying heat.

Grenergy Renovables

Market Cap: €1.9b

Operates as a green energy producer.

Empresas Gasco

Market Cap: CL$238.6b

Provides energy solutions based primarily based on gas in Chile and internationally.

RWE

Market Cap: €26.6b

Generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally.

GreenTech Environmental

Market Cap: CN¥2.5b

Engages in the water treatment and waste-to-resources projects in the People’s Republic of China.

Torrent Power

Market Cap: ₹689.6b

Engages in the generation, renewables, transmission and distribution of electricity in India.

Inversiones Aguas Metropolitanas

Market Cap: CL$825.0b

Through its subsidiaries, engages in the sanitation business in Chile.

Otter Tail

Market Cap: US$3.2b

Engages in electric utility, manufacturing, and plastic pipe businesses in the United States.

Delong Composite Energy Group

Market Cap: CN¥2.2b

Engages in the supply and distribution of natural gas through pipelines for urban residents, commercial users, and industrial users in China.

HIROSHIMA GASLtd

Market Cap: JP¥24.2b

Engages in the gas business in Japan.

Rubis

Market Cap: €2.9b

Engages in the operation of bulk liquid storage facilities for commercial and industrial customers in Europe, Africa, and the Caribbean.

Capital Power

Market Cap: CA$9.4b

Develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States.

Asiatic Group (Holdings)

Market Cap: S$9.7m

An investment holding company, provides energy and fire protection services in Singapore, Cambodia, and internationally.

Electro Sur EsteA

Market Cap: S/117.3m

Engages in the distribution of electricity in Peru.

Meshek Energy - Renewable Energies

Market Cap: ₪2.6b

Engages in the renewable energy business.

Federal Hydro-Generating Company - RusHydro

Market Cap: ₽349.7b

Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro, together with its subsidiaries, generates, transmits, distributes, and sells electricity and heat in Russia.

Kamchatskenergo

Market Cap: ₽7.9b

Public Joint Stock Company Kamchatskenergo engages in the generation, transmission, distribution, and sale of electric and thermal energy in Russia.

Rosseti Centre and Volga region

Market Cap: ₽20.3b

Public Joint stock company Rosseti Centre and Volga region, together with its subsidiaries, engages in the transmission and distribution of electricity in Russia.

Jiaze Renewables

Market Cap: CN¥9.2b

Engages in the development, construction, sale, operation, and maintenance of new energy projects.

Shenzhen Nanshan Power

Market Cap: CN¥3.7b

Produces and sells power and heat.

India Power

Market Cap: ₹13.4b

Engages in the generation and distribution of electricity in India.

AB Ignitis grupe

Market Cap: €1.5b

Engages in the generation and distribution of electricity and heat in Lithuania, Poland, Latvia, Finland, Estonia, and internationally.

PetroVietnam Power Corporation - JSC

Market Cap: ₫32.8t

Engages in the production and distribution of industrial and consumer electricity in Vietnam.

Saif Power

Market Cap: PK₨4.6b

Owns, operates, and maintains a combined cycle power plant in Pakistan.

Khanh Hoa Power

Market Cap: ₫772.8b

Produces and distributes electricity primarily in Vietnam.

Chamunda Electrical

Market Cap: ₹553.0m

Engages in the operation, maintenance, testing, and commissioning of electrical substations in India.

Axolot Solutions Holding

Market Cap: SEK 131.5m

Provides solutions for industrial water purification in Sweden.

Polenergia

Market Cap: zł4.6b

Engages in the generation, distribution, trading, and sale of electricity in Poland and internationally.

Ascopiave

Market Cap: €674.2m

Engages in the distribution of natural gas in Italy.

Egypt Gas Company SAE

Market Cap: ج.م5.8b

Operates EPC-based natural gas distribution projects in Egypt.

NRG Energy

Market Cap: US$29.7b

Operates as an energy and home services company in the United States and Canada.